Provable fairness - Revision history

Oldmate at 15:06, 11 March 2017

2017-03-11T15:06:21Z

← Older revision		Revision as of 15:06, 11 March 2017
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	== Process ==		== Process ==
	The basis of the system is the cryptographic hash function and it's difficulty to crack. Before the bet begins the gambling server generates a seed and send this as a hashed function to the player. Client side the player then generates a random seed and this is added to the hash function. After the bet is complete the player decrypts the hash function to determine that it is the same transaction that began. If the function matches then the bet has been uninterrupted. Any difference in the hash indicates that something has gone wrong with the outcome, most likely as a result of manipulation.<ref>http://bitcoinchaser.com/provably-fair-gambling/</ref>		The basis of the system is the cryptographic hash function and it's difficulty to crack. Before the bet begins the gambling server generates a seed and send this as a hashed function to the player. Client side the player then generates a random seed and this is added to the hash function.<ref>https://thebitcoinstrip.com/blog/what-does-provably-fair-mean.html</ref> After the bet is complete the player decrypts the hash function to determine that it is the same transaction that began. If the function matches then the bet has been uninterrupted. Any difference in the hash indicates that something has gone wrong with the outcome, most likely as a result of manipulation.<ref>http://bitcoinchaser.com/provably-fair-gambling/</ref>

	== References ==		== References ==

	<references/>		<references/>

Taras at 21:16, 3 September 2014

2014-09-03T21:16:33Z

@@ Line 1: / Line 1: @@
-== Provably Fair ==
+== Process ==
+The basis of the system is the cryptographic hash function and it's difficulty to crack. Before the bet begins the gambling server generates a seed and send this as a hashed function to the player. Client side the player then generates a random seed and this is added to the hash function. After the bet is complete the player decrypts the hash function to determine that it is the same transaction that began. If the function matches then the bet has been uninterrupted. Any difference in the hash indicates that something has gone wrong with the outcome, most likely as a result of manipulation.<ref>http://bitcoinchaser.com/provably-fair-gambling/</ref>
 == References ==
-* [http://bitcoinchaser.com/provably-fair-gambling/ Provably fair gambling] Explanation and list of sites offering the technology
+<references/>

Taras: Taras moved page Provably Fair to Provable fairness

2014-09-03T21:14:17Z

Taras moved page Provably Fair to Provable fairness

← Older revision	Revision as of 21:14, 3 September 2014
(No difference)

Chaser: /* References */

2014-09-03T13:25:06Z

References

← Older revision		Revision as of 13:25, 3 September 2014
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	== References ==		== References ==

	* [http://bitcoinchaser.com/provably-fair-gambling/ Provably fair gambling] ~~Explanantion~~ and list of sites offering the technology		* [http://bitcoinchaser.com/provably-fair-gambling/ Provably fair gambling] Explanation and list of sites offering the technology

Chaser: Created page with " == Provably Fair == Provably fair refers to a technology used by bitcoin casino and gambling sites to verify the outcomes of their games. This allows players to confirm that..."

2014-09-03T13:10:28Z

Created page with " == Provably Fair == Provably fair refers to a technology used by bitcoin casino and gambling sites to verify the outcomes of their games. This allows players to confirm that..."

New page

== Provably Fair ==

Provably fair refers to a technology used by bitcoin casino and gambling sites to verify the outcomes of their games. This allows players to confirm that the outcomes were true and fair without any adjustments or manipulations by the gambling sites.

This is unique to cryptocurrency and a new introduction into the world of online gambling.

== How it Works ==
The basis of the system is the cryptographic hash function and it's difficulty to crack. Before the bet begins the gambling server generates a seed and send this as a hashed function to the player. Client side the player then generates a random seed and this is added to the hash function. After the bet is complete the player decrypts the hash function to determine that it is the same transaction that began. If the function matches then the bet has been uninterrupted. Any difference in the hash indicates that something has gone wrong with the outcome, most likely as a result of manipulation.

== List of Casinos that offer Provably Fair ==

* [http://www.betchain.com/refer/CHsrev Betchain]

* [https://satoshibet.com/?r=4b8a7a13b452a0258bd455979ec7c9f2 Satoshibet]

* [https://bitcoinvideocasino.com/?r=3665903315 Bitcoin Video Casino]

* [https://www.casinobitco.in/r?u=3968 CasinoBitco.in]

== Provably Fair Dice Games ==

* [https://primedice.com/?aff=XC14lOA6CAAZ Primedice]

* [https://everydice.com/?r=4948 Everydice]

== References ==

* [http://bitcoinchaser.com/provably-fair-gambling/ Provably fair gambling] Explanantion and list of sites offering the technology